Have your own idea? Try our Stock Screener
Australian (ASX) Banks Industry Analysis
UpdatedNov 14, 2025
DataAggregated Company Financials
Companies15
- 7D-5.1%
- 3M2.2%
- 1Y10.5%
- YTD12.7%
Over the last 7 days, the Banks industry has dropped 5.1%, driven by a pullback from Commonwealth Bank of Australia of 11%. This takes the industry's 12 month performance to a gain of 10%. Looking forward, earnings are forecast to grow by 5.2% annually.
Industry Valuation and Performance
Has the Australian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Nov 2025 | AU$658.8b | AU$96.8b | AU$30.3b | 18.8x | 21.7x | 6.8x |
| Mon, 13 Oct 2025 | AU$672.6b | AU$95.6b | AU$31.7b | 15.5x | 21.2x | 7x |
| Wed, 10 Sep 2025 | AU$653.3b | AU$95.6b | AU$31.7b | 14.7x | 20.6x | 6.8x |
| Fri, 08 Aug 2025 | AU$644.0b | AU$94.5b | AU$31.8b | 14.7x | 20.3x | 6.8x |
| Sun, 06 Jul 2025 | AU$641.5b | AU$94.6b | AU$31.8b | 15.1x | 20.2x | 6.8x |
| Tue, 03 Jun 2025 | AU$624.4b | AU$94.6b | AU$31.8b | 14.2x | 19.6x | 6.6x |
| Thu, 01 May 2025 | AU$607.6b | AU$93.3b | AU$31.7b | 13.6x | 19.2x | 6.5x |
| Sat, 29 Mar 2025 | AU$569.9b | AU$93.3b | AU$31.7b | 12.8x | 18x | 6.1x |
| Mon, 24 Feb 2025 | AU$570.1b | AU$93.2b | AU$31.7b | 13.4x | 18x | 6.1x |
| Wed, 22 Jan 2025 | AU$600.9b | AU$92.5b | AU$31.4b | 13.8x | 19.1x | 6.5x |
| Fri, 20 Dec 2024 | AU$588.1b | AU$92.5b | AU$31.4b | 13.6x | 18.7x | 6.4x |
| Sun, 17 Nov 2024 | AU$607.4b | AU$92.5b | AU$31.4b | 13.3x | 19.3x | 6.6x |
| Tue, 15 Oct 2024 | AU$553.9b | AU$91.8b | AU$31.5b | 12.1x | 17.6x | 6x |
| Thu, 12 Sep 2024 | AU$572.2b | AU$91.9b | AU$31.6b | 12.5x | 18.1x | 6.2x |
| Sat, 10 Aug 2024 | AU$522.8b | AU$91.7b | AU$31.6b | 11x | 16.5x | 5.7x |
| Mon, 08 Jul 2024 | AU$517.5b | AU$91.7b | AU$31.6b | 10.7x | 16.4x | 5.6x |
| Wed, 05 Jun 2024 | AU$505.8b | AU$91.7b | AU$31.8b | 10.6x | 15.9x | 5.5x |
| Fri, 03 May 2024 | AU$488.0b | AU$92.1b | AU$32.4b | 10.8x | 15x | 5.3x |
| Sun, 31 Mar 2024 | AU$502.3b | AU$92.5b | AU$32.7b | 11x | 15.3x | 5.4x |
| Tue, 27 Feb 2024 | AU$490.0b | AU$92.5b | AU$32.7b | 10.6x | 15x | 5.3x |
| Thu, 25 Jan 2024 | AU$467.4b | AU$92.8b | AU$33.2b | 8.2x | 14.1x | 5x |
| Sat, 23 Dec 2023 | AU$450.6b | AU$92.8b | AU$33.2b | 8x | 13.6x | 4.9x |
| Mon, 20 Nov 2023 | AU$416.8b | AU$92.8b | AU$33.2b | 7.9x | 12.6x | 4.5x |
| Wed, 18 Oct 2023 | AU$425.9b | AU$91.0b | AU$32.5b | 8x | 13.1x | 4.7x |
| Fri, 15 Sep 2023 | AU$428.7b | AU$91.0b | AU$32.6b | 8.1x | 13.2x | 4.7x |
| Sun, 13 Aug 2023 | AU$432.0b | AU$90.8b | AU$32.5b | 8.5x | 13.3x | 4.8x |
| Tue, 11 Jul 2023 | AU$401.0b | AU$91.0b | AU$32.4b | 8.2x | 12.4x | 4.4x |
| Thu, 08 Jun 2023 | AU$391.1b | AU$91.0b | AU$32.4b | 8.1x | 12.1x | 4.3x |
| Sat, 06 May 2023 | AU$404.4b | AU$90.5b | AU$31.7b | 8.2x | 12.8x | 4.5x |
| Mon, 03 Apr 2023 | AU$410.9b | AU$89.2b | AU$31.5b | 9.7x | 13.1x | 4.6x |
| Wed, 01 Mar 2023 | AU$431.0b | AU$88.9b | AU$31.4b | 10.9x | 13.7x | 4.8x |
| Fri, 27 Jan 2023 | AU$453.4b | AU$87.5b | AU$30.9b | 10.5x | 14.7x | 5.2x |
| Sun, 25 Dec 2022 | AU$440.1b | AU$87.6b | AU$30.9b | 10.3x | 14.2x | 5x |
| Tue, 22 Nov 2022 | AU$448.6b | AU$87.6b | AU$30.9b | 11.1x | 14.5x | 5.1x |
Price to Earnings Ratio
14.5x
Current Industry PE
- Investors are optimistic on the Australian Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 21.7x which is higher than its 3-year average PE of 16.3x.
- The 3-year average PS ratio of 5.6x is lower than the industry's current PS ratio of 6.8x.
Past Earnings Growth
- The earnings for companies in the Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 3.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Australian Financials industry?
| AU Market | -0.78% | |
| Financials | -4.05% | |
| Banks | -5.14% | |
| Diversified Banks | -5.07% | |
| Regional Banks | -9.14% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 19.4x.
- Analysts are expecting annual earnings growth of 24.6%, which is higher than its past year's earnings decline of 8.1% per year.
- Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.3x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 8.1% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 4.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BFL BSP Financial Group | AU$7.76 | 1.2% +AU$42.0m | 25.8% | PB2.1x | |
| LCB Logan Community Financial Services | AU$0.85 | 11.0% +AU$272.0k | 31.5% | PB0.7x |
